Thursday, May 18, 2017

Gold and Silver has been used as money and a long term store of value for thousands of years. When you buy gold, you are buying one of the world's most stable assets. Gold is a traditional safe haven investment and a perfect way to diversify your portfolio. Gold has been real money for several thousand years. When paper moneyfails, people who own gold still have a type of money which holds its value when banks are bankrupt.

Gold prices typically move independent of stocks and financial markets, which means that if the stock market goes down in value, gold generally will rise. Physical gold and silver are the only assets that are completely free of counterparty risk, and have historically held their purchasing power. Central banks, institutional investors, and retail investors/collectors invest in gold, which provides the durable demand, enabling gold to retain its value in the future.

Gold is the only currency which has no liability attached to it. While all paper currencies now come from debt, the value of gold comes from the natural limits on its supply. No matter what collapses, nothing can make your physical gold wink out of existence the way savings and investments can.Throughout history, no paper currency has survived the test of time. Paper currencies have always been inflated until they eventually become worthless. Iceland is a recent example of how paper currency can lose its value overnight. With the massive debt levels and money printing in all countries, including the USA, Canada and the UK, the risk of a default everywhere is high. Anyone who holds wealth in a currency-dependent form is at risk of losing it all. Anyone who holds physical precious metals can benefit from the largest wealth transfer in history.

The purchasing power of the US dollar has declined by 98% since 1913 and, unfortunately, the situation is similar for all other currencies. People bought homesin 1913 for a few thousand dollars – or a few hundred ounces of gold. Now people spend hundreds of thousands or millions on a home or the same few hundred ounces of gold.

Why? Whether it be for war or just excessive spending, governments and central banks can never resist printing currency – or these days “typing it into existence” – to pay for debts. No one can print gold.Have you ever wondered where the credit card company or the bank gets the money to give you to buy a house or groceries? They openly acknowledge that they do not have that money before you spend it. They do not use deposits from savers (if here is anyone left trying to save money in a bank). Instead, you spending the money allows them to type it into existence. It is surprising. Not only can governments create money out of thin air by printing or typing it, banks can too. In fact, most of the currency in existence was not created by central banks but by regular, everyday commercial banks.They are not supposed to make too much, but the only thing really stopping them is convention and some oversight from colleagues. There is also the threat that people will catch on and decide to trade one inflated currency for a better form of money. Yet for the first time in history, all the currencies are inflating at once.

Gold has at all times represented real wealth as well as being a medium of exchange. “Old money” has always maintained a portion of its wealth in gold because it is one of the safest and most attractive investments for storing and preserving wealth. Our way of expressing this is to “build your wealth in ounces”.

In today's border less world, having the ability to easily send payments to multiple users at once, worldwide, is vital. Payoneer's innovative payment platform enables global companies and marketplaces to transfer funds .

Get paid in more currencies and accept payments in USD, EUR, GBP, JPY and CNY** - as if you had your own local bank account! Payoneer is a financial services business that provides online money transfer and e-commerce payment services. Payoneer is a registered Member Service Provider of MasterCard.

Payoneer has quick, low-cost and secure solutions to pay and get paid globally. Payoneer offers a "Withdraw to Bank" Service that enables Payoneer account holders to withdraw funds from their Payoneer Account directly to their personal bank account. Scale your business and expand your reach through thousands of marketplaces that pay their users via Payoneer

Funding can be part of the discussion if that’s what you’re after. A quick Google search will yield some comprehensive lists of who to approach, and incubators are a big part of many regional or local business support centres and networks

Finding an incubator or accelerator that works for your set-up is pretty easy. You just need to research and get yourself used to an external space, rather than your kitchen table office. Get the security of a business line of credit today. Qualify for a line up to $100,000 in minutes. No cost or obligation to draw funds. Take only what you need, when you need it. Pay only for what you take.Access your cash 24/7.Claim Offer here

Access banking support and convenient tools to help you reach your business goals with Bank of America Customized small business banking solutions to improve your cash flow and streamline your business. Get access here

Share

Sponsored

About Me

Olayinka Oyelami is a Charted Marketer and Google Certified Digital Marketing Strategist innovating business with digital-first transformation strategy. Customer-centric Business Transformation Consultant with over 20± years of professional practice and experience.
I'm passionate about helping people and would love the opportunity to earn your trust with single goal of getting your business and its people fit to compete in this digital-first ecosystem. Let's connect and strategize the best way to enable digital transformation to happen – helping you to transform your business, accelerate growth, improve efficiency, create a sustainable competitive edge and put in place plans and processes to help you accelerate transformation to achieve your business objectives. Call me on 08033147891 today for a complimentary consultation.